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Latest World News

China statistics chief sees no inflation risk this year
BEIJING, July 4 - China's chief statistician said on Saturday that he saw no risk of inflation... economy 2 BEIJING, July 4 - China's chief statistician said on Saturday that he saw no risk of inflation for the country in the second half of 2009,

Asian markets mixed after grim US jobs data
HONG KONG: Asia's markets were mixed Friday as investor confidence took a blow from worse-than-expected jobs figures out of the United States that suggest a global recovery may not be as close as hoped. Job losses in the world's largest economy surged to

Municipal bonds issuance possible: central banker
China is considering letting local governments issue municipal bonds to help bankroll urban infrastructure construction, the central bank chief said on Saturday. 'Relevant rules are in discussion and debate about the issue is very heated,' Zhou

Asia Olympic Council backs Tokyo's 2016 bid
SINGAPORE: The Olympic Council of Asia has endorsed the bid of Tokyo to host the Summer Games in 2016. 'Asia will always support any city from Asia,' Kuwait's Ahmad Fahad al-Sabah, the council president, said after a general assembly meeting in

Centre to host Chinese anniversary event
A big event celebrating the Peoples Republic of Chinas 60th anniversary is happening on the North Shore next summer. The Northcote Mainstreet Business Association is hosting the event at the Northcote Shopping Centre, says association co-ordinator Dean

Chinese drywall blamed for odors and corrosion in U.S. homes
Reporting from Los Angeles and Wuhan, China -- The final years of the U.S. housing boom and a disastrous series of Gulf Coast hurricanes created a golden opportunity for Chinese drywall manufacturers. With domestic suppliers unable to keep up with

MP Azarov (Party Of Regions) Forecasts 23-24% Fall In Ukraines GDP In 2009
Parliamentary Deputy Mykola Azarov of the Party of the Regions, who is the shadow finance minister, has forecast that Ukraines GDP will fall by 23-24% in 2009. Azarov made the forecast at a press conference. We will most likely have a fall of 23-24% in

Bulgaria Posts Large Fall in Retail Sales
Friday A young man walks past a sale sign in a shopping street in Sofia. Photo by BGNES Bulgaria is among the European Union member states that registered the largest decreases in the volume of retail trade in May month-upon-month, official EU data

1 More Polling Station in USA for Bulgarian Parliamentary Elections
Friday Bulgaria's Central Electoral Commission showed Friday the majority representation ballot for the July 5 elections. Photo by BGNES One more polling station will be opened in the USA for Bulgaria's Parliamentary Elections on Sunday, July 5, 2009.

OSCE, PACE, Iraq to Observe Bulgaria Parliamentary Elections
will be observed by a number of foreign and Bulgarian organizations. The Organization for Security and Cooperation in Europe is sending 24 observers, and the Parliamentary Assembly of the Council of Europe - 19 observers. 14 Iraqi observers accompanied

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